WASHINGTON:
Pakistan and the World Bank signed the Second Fiscally Sustainable and Inclusive Growth Development Policy Credit on Thursday, a credit amount of $500 million being given to support Pakistan’s efforts to reinvigorate growth and stabilise the economy, according to Radio Pakistan.
The accord was signed in Washington between the World Bank Vice President, South Asian region Annette Dixon and Pakistan’s Ambassador to the United States Abbas Jilani.
“The credit is aimed at Pakistan’s goal of accelerating growth to help create jobs and economic opportunity for all,” Jilani added.
Meanwhile Ambassador Dixon felt that the signing of the agreement reflected upon the growing confidence of international donor agencies in Pakistan’s economy.